For Sale
$2,850,000

1054 Front St Traverse City, MI 49686

Prime 1.2-acre commercial land, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 1.24-acre commercial land parcel presents a significant redevelopment opportunity in Traverse City, Michigan. Located at the southwest corner of East Front Street (US-31) and Garfield Road, this property boasts a highly visible location with exceptional daily traffic volume exceeding 40,000 vehicles. The site is zoned C-3 Community Center District, allowing for a multitude of uses, with a maximum building height of 45 feet and an 80% impervious surface maximum. The property includes two existing buildings: a 3,726 square foot structure built in 2001 on approximately one acre, and a 728 square foot building constructed in 1976 and remodeled in 1994, situated on 0.24 acres. The combined parcel features a total area of 1.24 acres and is currently vacant, offering a blank canvas for a diverse range of development projects. Its proximity to West Grand Traverse Bay and downtown Traverse City further enhances its desirability. The property's APN is 28-51-558-004-00, 002-00. The asking price is $2,850,000. This is a rare opportunity to acquire a prime commercial property in a thriving Michigan location. The property is privately owned and is classified as Class B.

Highlights

  • High-visibility corner lot.
  • High traffic count: 50,000 cars daily.
  • Excellent redevelopment opportunity.
  • 10,540 - 37,260 square foot building on 1 acre, built in 2001.
  • 1,960 - 7,280 square foot building on 0.24 acres, built in 1976, remodeled in 1994.

Property Details for 1054 Front St

Property type
Land
Class
B
Year Renovated
1994
Buildings
2
Lot Size (sq. ft)
54,014 SF

Location Insight

City
Traverse City
County
Grand Traverse
State
Michigan
Latitude
44.764228456456
Longitude
-85.595326023231

FAQs

What type of property is this?
Land - Prime 1.2-acre commercial land, high traffic.
Where is the land located?
The property is located at 1054 Front St Traverse City, MI.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: High-visibility corner lot.; High traffic count: 50,000 cars daily.; Excellent redevelopment opportunity.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1054 Front St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message